Fed's Steady Outlook Boosts Stock Market Amid S&P 500 Momentum Loss
TL;DR Summary
According to Bloomberg's survey, US stocks are expected to lose momentum, with the S&P 500 Index projected to rise to about 5,454 by the end of 2024, indicating a slowdown in its gains. Additionally, Treasuries are predicted to continue struggling despite the Federal Reserve's decision to maintain its guidance for interest-rate cuts.
- S&P 500 (SPX) to Lose Momentum, Bonds to Struggle Bloomberg
- Here's what changed in the new Fed statement CNBC
- Analysis-Steady Fed outlook boosts stock market's hopes for coveted 'soft landing' Yahoo Finance
- Stocks surge after Fed indicates three rate cuts still coming this year CNN
- The Fed is keeping interest rates high. Here are 3 things savers should do now. CBS News
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